Many grain market participants are blaming the end of the calendar month as the reason for some sharp losses this week, as funds try to shore up their books and withdraw cash to pay off clients requesting their investment back. It’s interesting to note that managed money went net short in Chicago last week and… Read More
Author: Brennan Turner
Brennan Turner is originally from Foam Lake, SK, where his family started farming in the 1920s. After a degree from Yale and some pro hockey, he started FarmLead.com, a risk-free and transparent grain marketplace (app available for iOS & Android). His weekly column on RealAgriculture is a summary of his free, daily market note, the FarmLead Breakfast Brief. He can be reached at [email protected] or 1-855-332-7653.
Good planting conditions and favourable weather in the U.S. has led to corn prices dipping slightly over the last week. Corn joins wheat prices on the downtrend all thanks to a bearish global picture. Old crop soybean prices have popped recently, hitting 11-month highs as crush margins and meat prices in China are improving while… Read More
Grains have traded relatively lower this week as a relatively bearish outlook from the U.S.D.A. last Friday but a bit of a damper on the market. Corn and wheat prices have taken the biggest hit week-over-week as positive planting progress across the border in the U.S. pulled back some of the premium built into the… Read More
Grains this week were mostly higher as weather concerns and geopolitical risk continued to hang over the market. The oilseed trade was adversely affected by a large stocks number put out by Statistics Canada but has since got some support from an increasing chance of El Nino (bullish for vegetable oils) and Chinese soybean imports… Read More
Grain markets this week were up and down with the close of one month, the transition to a new front-month contract, and trade limits changing on the exchanges. Also affecting things were the U.S. Wheat Quality Council’s winter wheat crop tour in Kansas and some violent weather in the Delta. All in all, if there’s… Read More
If you cannot see the embedded player, click here. Late April has some farmers in Western Canada dusting off the seeding equipment, and there have even been reports of elusive railcars sighted at elevators. This is the backdrop to which grains continue to trade off of weather and the geopolitical situation in Eastern Europe. Concerns… Read More
Grains are seeing more premium priced in this week as the complex continues to deal with cold weather in North America and the political unrest in Eastern Europe. Due to depreciating currencies and affordable financing available, it’s expected that grain and oilseed acres and production in the Black Sea will decline significantly from last year…. Read More
If you cannot see the embedded player, click here. The second week of April brought the USDA’s monthly instalment of the world agricultural supply and demand estimates and the numbers were: relatively bearish wheat, bullish soybeans, and bullish corn. Oats year-end inventories were dropped by 10 million bushels to a new record low of 20… Read More
If you cannot see the embedded player, please click here to hear this audio. As we ended the month of March and shovelled our way through “spring” weather in to April, the grain markets were hit with a fairly uneventful Stocks and Acreage report from the USDA. The biggest shock came in the form of… Read More
If you cannot see the embedded player, click here. The grain trade this week was mostly higher as solid export numbers and lingering concerns over dryness and the political state of Eastern Europe hung over market. With Russian troop numbers building at the Russian-Ukrainian border, more than a few intelligence analysts are reminded of a… Read More
If you cannot see the embedded player, click here. The week that was saw some more gains earlier in the week reined in Thursday and Friday as trading focused on logistical issues, dry weather in parts of the U.S, Eastern Europe and Australia. The situation between Russia and Ukraine (and every other nation for that… Read More
Editor’s note: This is the second edition of a new weekly markets column authored by Brennan Turner, founder of FarmLead. Check out www.FarmLead.com for more, and find Brennan on Twitter as @FarmLead. The second week of March saw some wild price swing as the market focused on Monday’s World Agricultural Supply and Demand Estimates (WASDE) report from the… Read More
Editor’s note: This is the first edition of a new weekly markets column authored by Brennan Turner, founder of FarmLead. Check out www.FarmLead.com for more, and find Brennan on Twitter as @FarmLead. Grains in the first week of March were fairly volatile thanks to the situation in Ukraine standing on a razor’s edge. The market… Read More